inbrief

inbrief

October 2010

The global insurance industry has outlined its intention to help combat climate change in the developing world. The Geneva Association, the Munich Climate Insurance Initiative and ClimateWise, plus insurance groups involved in the United Nations Environmental Programme Finance Initiative – accounting altogether for about 100 insurers worldwide – have announced jointly that the sector will aim to apply its expertise in risk management to help economies adapt to climate change, develop new insurance products and raise awareness in governments of the possibility of combating climate change.